CRF supports its community lending partners through an expert array of financial services:
Loan Programs: CRF provides long-term financing that helps small businesses purchase
and renovate properties located in underserved communities, acquire equipment to strengthen their
operations, and access additional resources to add staff and create jobs. CRF's financing not only
helps address property deterioration and building vacancies, it also supports business ownership,
the creation and preservation of jobs, wealth creation and an expanded tax base. It empowers small
businesses to invest in their communities and expand economic opportunity.
CRF uses a
combination of foundation contributions, program-related investments, and equity raised through the
federal New Markets Tax Credit to finance and operate its core loan programs.
Servicing: CRF's loan servicing department provides community lenders expert loan servicing
while freeing their staff to originate more loans and to concentrate on program outreach. CRF's
Contract Loan Servicing team has more than 70 years of cumulative servicing experience in both
nonprofit and for-profit settings. We currently service more than 4,000 loans with a total value
of approximately $270 million.